Why may net cash flow from operating activities on the cash flow statement be different from the
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Why may net cash flow from operating activities on the cash flow statement be different from the amount of net income reported on the income statement?
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Net Income Net income is calculated by subtracting the cost of salesoperational exp...View the full answer
Related Book For
Introductory Financial Accounting for Business
ISBN: 978-1260299441
1st edition
Authors: Thomas Edmonds, Christopher Edmonds
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In order to determine the amount of cash created by operating operations, the indirect technique for preparing the statement of cash flows entails adjusting net income with changes in balance sheet.
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